June’s inflation as measured by the RPI remains at 2.4%

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June's inflation as measured by the RPI remains at 2.4%Data from the National Statistics Office today show that in June, the annual rate of inflation as measured by the RPI remained once more at a constant rate of 2.4%.

The NSO noted that the largest contribution to the overall annual inflation was measured in the food index (+0.97 percentage points), mainly due again to higher prices of fruit.

The highest annual inflation rates in June were registered in food (4.5%) and other goods and services (4.3%).

The lowest annual inflation rates were registered in water, electricity, gas and fuels (0.0%) and furnishings and household equipment (0.2%).

No downward contributions to the overall annual inflation were registered in the month of June, the NSO said.

The 12-month moving average rate for June stood at 1.7%.

File photo: Gozo News/Alain Salvary

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